Withholding tax..
For the dividend received...
U don't do anything... It's deducted automatic..
Whatever u get is nett 😩

CMMT price broken 70 physiological level. It remind me their glory days back in 2013 @ 1.8 - 1.9, and trending down toward 1.3 prior a spike ~ 1.83 due to 2017 windows dressing.

There are many REIT fall under same pitfall like AmFIRST and recently MQReit too.

Those stick on DCA or buy and hold REIT must rethink carefully and re-balance their portfolio over the years to avoid falling into trap.

holding amfirst around 2013 until now, from rm1 already rm0.38 now.

i think only reits for prime shopping malls like igb, klcc and pav worth to hold. offices etc, dont look good

dropped so much?

how many times did you DCA?

jus a couple of times. but enough la. no more liao, better put money elsewhere

Massive glut of office and retail space in Klang Valley which has been resulting in drop of occupancy rate and rental rates for the average buildings. Only the prime malls have been able to buck this trend by enjoying full occupancy rates and still being able to raise rents annually until the MCO hit. If DPU keep sliding due to falling rental income with no prospects of turning around, then the share price will only follow suit.

This post has been edited by Havoc Knightmare: Jul 30 2020, 02:13 PM

Yes, reit price always follow DPU.

I remembered once atrium also dropped to around RM0.70 level, when its DPU dropped due to lease non-renewal issue that lead to lower income, but after manage to lease out, and DPU recover, so does its share price.

Reit investors need to follow closely the DPU number.

The key message I wanted bring out is don't blindly do DCA or simply buy n hold but proper portfolio allocation & assessment in scheduled basis.

There are lots of young investor out there, some skewed message was painted where REIT is VERY safe asset. What happened to CMMT today, it MAY be the fate for IGBReit in 15 years later (IGBReit just an example quote). There's always reason for the share price falling regardless mall, office, etc.

Yes, that should be lesson number one for every REIT investor, if they can't be bothered to learn anything else. Share price tracks DPU in the long term.

Agreed, Sungei Wang was a Mid Valley/Pavilion in its heyday decades ago but now its business model alone is way outdated. REITs require a bit of studying to understand the nature of their assets since no two real estate are alike.

To track DPU is quite dangerous, if you read further and peel away some fancy marketing terms the operator come out in the presentation, i will go for yield. To be precise, yield of the property itself.

On that topic, i have noted some of the asset's yield has been on the downtrend prior to this and finally the price is now reflecting the yield. If you look across the data, it would be quite easy to guess where it is headed next.

Good luck guys, its going to be fun time ahead!

Office or Mall?

It seems like Malaysian is very optimistic on mall reit. Just my personal gut feel some are overvalued but some are slowly reflect their value.

If look at longer timespan like 10 to 20 years, I would preferred hospitality against retail mall.

Why IGB reit can rebound so well while Pavreit and Sunreit still at the low side?

MVM more superior than Pavillion and Pyramid?

Just sell all my Amfirst today. And Arreit also.

I m slowly get rid off most of the REIT.

The graph for most of the counter doesn't look growing from the past yrs.

Probably lost 50%.

Will put into other sector counter to earn back the profit.

just sold off my IGB Reit at 1.84 today and dumped into Top glove

Ok lar. my cost was 1.89, compared to my other reits, this one consider loss little d

IGBREIT is a growth counter. Why sell? Div and share is growing up.

Ouch. Yala maybe put in glove counters 2 weeks already get back profit loll

Today lots of reit counter had big movement especially YTLReit. YTLReit kinda become high beta stock where its likely foreign index fund is making move again.

They probably worried about curfew in Victoria state.

https://www.bursamalaysia.com/market_inform...?ann_id=3073593

ytlreit at 0.75-0.8 looks tempting though